SwedishAdvocate
Active Member
Crossposting from the 2017 Investor Roundtable: General Discussion thread [Post #21485], since I think it's relevant to this thread:
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Chevy Bolt - 200 mile range for $30k base price (after incentive)
- Thread starter FredTMC
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- bolt chevy Electric Vehicles review
And just think what will happen to the demand for the Bolt next year once the $7,500 credit get reduced to $3,750, etc...
Of course haven't we heard that thousands of people in the EU want to buy the Opel version of the Bolt? That means that Chevy doesn't want to sell them, since obviously they have factory capacity to be building them. That screams compliance car to me.
Of course haven't we heard that thousands of people in the EU want to buy the Opel version of the Bolt? That means that Chevy doesn't want to sell them, since obviously they have factory capacity to be building them. That screams compliance car to me.
JRP3
Hyperactive Member
JohnSnowNW
Active Member
Wait...they were supposed to start nationwide delivery in 2 weeks...how long is the "hold?"
There is an industry-wide slowdown in auto sales, GM is no exception:
"GM has extended summer vacation shutdowns at three other North American assembly plants. The assembly plant at Lordstown, Ohio, that makes the Chevrolet Cruze and a plant near Kansas City, Missouri, that produces the Malibu sedan have three additional weeks of downtime.
An assembly plant in Oshawa, Ontario, will be idled for two extra weeks to reduce inventories of the Chevrolet Impala large sedan.
More than 9,400 workers will be affected by rolling temporary layoffs that began in late June and are to run into August."
If you are familiar with the auto industry, you realize this is part of the business.
Orion makes Sonics, Bolts and AmperaE's, in that order. Love how Reuters turns the 2017 North American slowdown as a TSLA stock promo. Holding many shares Reuters? There are no Models 3's made at Orion, or available for sale.
JRP3
Hyperactive Member
Not exactly. $19,600 off new MS90D's is probably a record for non-P cars.
Oppss!
$24,100 off - Model S 90D 5YJSA1E21HF190670 | Tesla
Wait, but I thought demand was waaay higher than supply? How could a basically brand new Model S be marked down $24k?
To be fair, you can only get $17,300 off a MS90D with 50 mi (brand, brand new). Model S 90D 5YJSA1E29HF190643 | Tesla
Remember all the hype about "no special deals, everybody pays the same"?
Can you imagine how pissed somebody is who bought a 90D last month?
You can at least try to understand. Everyone has an equal shot at the marked down demo units. That's 190xxx VIN vehicle, or around 18,000 VINs ago. Likely a showroom demo given the mileage. It's no special deals, as in you can't walk in or call and only you get the deal. Most of the mark downs are done on a formula based on age and mileage. You don't have to know someone, or sweet talk someone, or whatever to negotiate a deal. It's the same marked down price for everyone.
Now, 90D's are no longer current models so they no longer suitable as demo vehicles. So Tesla is clearing these out. And Tesla does get more aggressive on discounting the higher end models as well as the older ones.
The total number of new demo vehicles that Tesla keeps on hand is less than one week's worth of inventory. Meanwhile, the Bolt is now at 111 days worth of supplies.
Ok, so near top of the line Teslas become obsolete in less than a year. Gotcha.
dennis
Model S Plaid
dennis
Model S Plaid
Tesla is aggressively trying to get rid of the old inventory 90s right now. I've said elsewhere on this forum that I've expected Tesla to replace the small pack 75 with a new 85 or 90 based on the same module used in the 100 KWh pack for a while now. Tesla saves money making only one module and making packs with either 14 or 16 modules.
I suspect the new 75s are really software limited new 90s (different pack layout with slightly more KWh). Someone who has one on order in another thread said the battery pack code for his car is BTX8 which is a code I haven't seen before. BTX4 was the old 90 pack and BTX5 was the old 75 pack. I suspect BTX6 and BTX7 are the P100D and regular 100D packs. The P100D pack differing only in the special fuse.
Tesla needs something to create buzz for the X and especially the S going into the Model 3 launch to keep sales up on the flagship cars and I think the only change they have planned between now and the end of the year is eliminating the 75 in favor of a new 90 with just a tad over 300 miles range for the S. That would make the range of the bottom of the line S likely more than the top of the range 3.
But they need to get rid of the remaining 90Ds before they can announce the new 90 to help dispel confusion, so the discounts on the old 90s keep getting steeper.
In any case, the old 90 is out of production and Tesla just wants to move them. They can't really use them as showroom of test drive cars because they aren't the in production cars. The external features are pretty much the same as the in production cars, but the drive train has a lot of differences.
Tesla doesn't use model years, but it's the equivalent of last year's model. The traditional car dealers will be offering deep discounts on left over new 2017s come December of this year.
I suspect the new 75s are really software limited new 90s (different pack layout with slightly more KWh). Someone who has one on order in another thread said the battery pack code for his car is BTX8 which is a code I haven't seen before. BTX4 was the old 90 pack and BTX5 was the old 75 pack. I suspect BTX6 and BTX7 are the P100D and regular 100D packs. The P100D pack differing only in the special fuse.
Tesla needs something to create buzz for the X and especially the S going into the Model 3 launch to keep sales up on the flagship cars and I think the only change they have planned between now and the end of the year is eliminating the 75 in favor of a new 90 with just a tad over 300 miles range for the S. That would make the range of the bottom of the line S likely more than the top of the range 3.
But they need to get rid of the remaining 90Ds before they can announce the new 90 to help dispel confusion, so the discounts on the old 90s keep getting steeper.
In any case, the old 90 is out of production and Tesla just wants to move them. They can't really use them as showroom of test drive cars because they aren't the in production cars. The external features are pretty much the same as the in production cars, but the drive train has a lot of differences.
Tesla doesn't use model years, but it's the equivalent of last year's model. The traditional car dealers will be offering deep discounts on left over new 2017s come December of this year.
jelloslug
Active Member
JRP3
Hyperactive Member
Oppss is right, it's a demo car with 1,542 miles on it. Typical McRat misdirection.
If you read the thread, over $17k off '50mi' inventory cars. All inventory cars show 50mi minimum.
But $7k more off for 1500mi is pretty sweet.
You are being disingenuous. Pretty much every car is obsolete in less than a year. The next year's model comes out, and your less than one year old version is then obsolete. Exceptions are like the Cadillac ELR where they skipped a model year because sales were so terrible. When the 2018 Chevy Bolt ships, your 2017 Chevy Bolt is obsolete. It will be in less than a year.
It is a time old tradition to shop last year's model at discount. Well, the 90D is the old model and it is on discount. But $17k off of $104k is about 17% off. Even at that price, Tesla gets positive gross margin. As for the Bolt, there are dealerships offering 10-15% off of brand new vehicles.... are these then obsolete according to your logic?
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